Exhibit 8.1

List of Subsidiaries and Consolidated Affiliated Entities

Subsidiaries



|1. | Ambow Education Co., Ltd., a Cayman Islands company
|-- | ---------------------------------------------------



|2. | Ambow Education Ltd., a Cayman Islands company
|-- | ----------------------------------------------



|3. | Ambow Education Management (Hong Kong) Ltd., a Hong Kong company
|-- | ----------------------------------------------------------------



|4. | Ambow Education (Hong Kong) Limited, a Hong Kong company
|-- | --------------------------------------------------------



|5. | Beijing Ambow Online Software Co., Ltd., a PRC company
|-- | ------------------------------------------------------



|6. | Ambow Dalian Education Technology Co., Ltd., a PRC company
|-- | ----------------------------------------------------------



|7. | Ambow Education Management Ltd., a Cayman Islands company*
|-- | ----------------------------------------------------------



|8. | Ambow Education Group Limited, a Hong Kong company*
|-- | ---------------------------------------------------



|9. | Ambow College Management Limited, a Hong Kong company*
|-- | ------------------------------------------------------



|10. | Ambow Training Management Limited, a Hong Kong company*
|--- | -------------------------------------------------------



|11. | Ambow School Management Limited, a Hong Kong company*
|--- | -----------------------------------------------------



|12. | Ambow School Consultation Management Limited, a Hong Kong company*
|--- | ------------------------------------------------------------------



|13. | Ambow College Consultation Management Limited, a Hong Kong company*
|--- | -------------------------------------------------------------------



|14. | Beijing Ambow Chuangying Education Technology Co., Ltd., a PRC company*
|--- | -----------------------------------------------------------------------



|15. | Beijing Ambow Shengying Education Technology Co., Ltd., a PRC company*
|--- | ----------------------------------------------------------------------



|16. | WIND POWER INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | -----------------------------------------------------------------



|17. | PRECISE MANNER HOLDINGS LIMITED, a British Virgin Islands company*
|--- | ------------------------------------------------------------------



|18. | EXCEL CASTLE HOLDINGS LIMITED, a British Virgin Islands company*
|--- | ----------------------------------------------------------------



|19. | SPEED FAME HOLDINGS LIMITED, a British Virgin Islands company*
|--- | --------------------------------------------------------------



|20. | FINEGOAL LIMITED, a British Virgin Islands company*
|--- | ---------------------------------------------------



|21. | GRAND GAIN GROUP LIMITED, a British Virgin Islands company*
|--- | -----------------------------------------------------------



|22. | EASY GLOBAL INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ------------------------------------------------------------------



|23. | MARKBEST INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ---------------------------------------------------------------



|24. | POWERHIGH INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ----------------------------------------------------------------



|25. | FULL TARGET HOLDINGS LIMITED, a British Virgin Islands company*
|--- | ---------------------------------------------------------------



|26. | GRAND ALL INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ----------------------------------------------------------------



|27. | STATE CROWN INTERNATIONAL LIMITED, a British Virgin Islands company*
|--- | --------------------------------------------------------------------



|28. | TIMEFIELD INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ----------------------------------------------------------------



|29. | FINE GLOBAL LIMITED, a British Virgin Islands company*
|--- | ------------------------------------------------------



|30. | ALL WONDER INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | -----------------------------------------------------------------



|31. | ISLAND SUN INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | -----------------------------------------------------------------



|32. | INSIGHT MARKET INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ---------------------------------------------------------------------



---

|33. | WISE SINO INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ----------------------------------------------------------------



|34. | WISER TRADE INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ------------------------------------------------------------------



|35. | FUTURE FORTUNE INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ---------------------------------------------------------------------



|36. | DREAMHIGH INVESTMENTS LIMITED, a British Virgin Islands company*
|--- | ----------------------------------------------------------------



|37. | FORTUNE AMPLE HOLDINGS LIMITED, a British Virgin Islands company*
|--- | -----------------------------------------------------------------



|* | A dormant entity without any significant business
|- | -------------------------------------------------

Consolidated Affiliated Entities



|1. | Beijing Ambow Shida Education Technology Co., Ltd., a PRC company
|-- | -----------------------------------------------------------------



|2. | Ambow Sihua Education and Technology Co., Ltd., a PRC company
|-- | -------------------------------------------------------------



|3. | Shanghai Ambow Education Information Consulting Co., Ltd., a PRC company
|-- | ------------------------------------------------------------------------



|4. | Suzhou Wenjian Venture Investment Management Consulting Co., Ltd., a PRC company
|-- | --------------------------------------------------------------------------------



|5. | Wenjian Gongying Venture Investment Enterprise, a fund established under the laws of the PRC
|-- | --------------------------------------------------------------------------------------------